this post was submitted on 02 Aug 2024
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I had to study the diagram a few times to figure out what the core point was, but I think it boils down to this:
Democracy: Highly equal, 1 person = 1 vote, everyone is included ("inalienist")
Capitalism: Different levels of power, 1 person = $X, some people can't participate as much as others ("alienist")
Does this mean that Democratic Capitalism is somehow an oxymoron? Only in situations where we allow both types of power to coexist - hence the absolutely critical need to:
Alienist vs inalienist refers to whether voting/control rights are transferable (alienable).
Better to say institutions based on consent to alienate vs delegate
Voting rights' transferability with alienist systems implies inequality, but the core point is consent to alienate vs. delegate.
The employment contract is inherently an alienation contract. The workers give up and transfer the management rights to the employer and the employer manages in their own name
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